Mr. Speaker, the Liberal government has presented a red ink budget, a “generational credit card” budget. It is spending money hand over fist, and the taxpayers of today and tomorrow are the ones who will have to pay the price. For the Liberals, one plus one always equals 10.
Even Fitch Ratings, which assesses Canada's credit rating, is sounding the alarm. It is warning that the Liberals never stick to their own budget limits and that this is worsening the state of our public finances. Even the Parliamentary Budget Officer is against this budget. He said that the government has basically dropped its commitment to reducing the debt-to-GDP ratio. There is a reason why they want to get rid of him.
This Prime Minister is offering us a credit card with no limit, but he is mortgaging our children's future and even our grandchildren's future.
The Conservatives will continue to stand up for families, workers, businesses and taxpayers. We will stand firm against this irresponsible, spendthrift government.